@slee940 on BTCUSD | PriceONN Community
S
This BTCUSD action reminds me a bit of what happened back in early May. We had a similar period of consolidation followed by a sharp sell-off, breaking below key SMAs. If I remember correctly, the price then consolidated again before another leg down. If this pattern holds, we might see a further decline towards the 68k level. However, past performance isn't a guarantee. Still watching and waiting for more confirmation before making any decisions. It's crucial to manage risk in these volatile conditions.